Social Security (Exempt Lump Sum – Youpla Support Program) Determination 2024

This instrument is the Social Security (Exempt Lump Sum – Youpla Support Program) Determination 2024.

This instrument commences on 1 July 2024.

This instrument is made under paragraph 8(11)(d) of the Social Security Act 1991.

In this instrument:

Act means the Social Security Act 1991.

Youpla Support Program means the program under which payments are made to eligible persons in respect of eligible funeral insurance policies issued by a company in the group of companies known as the Youpla Group, in circumstances where the policy has been affected by the collapse and liquidation of those companies.

For the purposes of paragraph 8(11)(d) of the Act, the amount of a payment made under the Youpla Support Program is an exempt lump sum.